Sudipta Chakraborty
Assistant Vice President - Cluster Fee Head in Retail Trade and Foreign Exchange at Axis Bank
- Role
- AVP - Cluster Fee Head in Retail Trade & Foreign Exchange at Axis Bank
- Location
- Mumbai, MH, IN
- LinkedIn followers
- 500 followers
About Sudipta Chakraborty
Over 13 years in the Banking segment, with this professional work experience I would like to highlight key points in Foreign trade and finance. Currently I am working in Axis Bank as a Cluster Manager in Retail Trade & FX, where I am handling the Mumbai Region\'s BB team\'s RFR & RTFX business, Training all the Relationship Team for product understanding to achieve their RTFX revenue on a weekly basis, we have to conduct webinar where we have to invite all the HNI clients, give them Forex market knowledge, Banking on digital platform all those things. I have to simultaneously check the Compliance part, AML, Customer service and transaction monitoring end to end. I have closely worked with Retail Banking, Business Banking, Emerging Corporate Group, Large Corporate Group, Construction Finance Group\'s team and handle there trade forex business. My straightness is to build up a strong relationship with Clients, generating maximum revenue. This has helped me to deliver good business performance year on year, also helped me to achieve my goal. I am very much flexible with team work and team goals.
Experience
AVP - Cluster Fee Head in Retail Trade & Foreign Exchange
Jul 2025 — Present · Mumbai, IN
Responsible for managing and growing the Trade Forex business and Retail forex and remittance business across Andheri clusters for all 13 branches. The role involves strategic planning, business development, Relationship team management, and ensuring compliance with regulatory requirements.# Develop and execute strategies to increase Trade Forex and Retail forex and remittance businesses within the cluster- Identify and tap into new market opportunities, customer segments, and cross-selling opportunities- Promote Axis Bank\'s forex products such as travel cards, forex cards, wire transfers, Export shipment, Import Payment, capital account transactions (FDI, ODI, ECB), FLC, FBG, etc- Work closely with Cluster Heads, Branch managers and sales teams to achieve business targets.# Build and maintain relationships with high-net-worth individuals (HNIs), NRIs, and other key customer segments.# Ensure that all forex and remittance transactions comply with regulatory requirements, such as FEMA guidelines, RBI regulations, and Anti-Money Laundering (AML) policies- Implement risk management practices to mitigate potential risks associated with foreign exchange transactions.# Lead, mentor, and motivate across the cluster of Relationship Managers, Sales Officers, Sales Area Manager, Branch Relationship Officer, and branch staff to achieve business goals- Conduct regular training sessions to enhance the team’s knowledge of forex products, services, and regulatory requirements.# Stay updated on market trends, currency fluctuations, and competitive offerings in the forex and remittance space- Provide regular reports and insights to senior management on business performance, market conditions, and potential growth areas.# Work closely with internal stakeholders such as the central forex team, compliance department, and product teams.# Plan and execute local marketing campaigns to promote retail forex and remittance products.
Education
University of Calcutta
Bachelor of Science (BSc), Mathematics,Computer Science & Physics
2007 — 2011
West Bengal Board of Higher Secondary Education
Higher Secondary, Science
2005 — 2007
West Bengal Board of Secondary Education
Secondary, Mathematics and Computer Science
2000 — 2005
Manipal Academy of Higher Education
Post Graduate Diploma in Banking and Finance (PGDB), Trade Finance
2015 — 2016
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